Book an Appointment

Is it time for us to meet?

If you’re thinking about booking an appointment, then you’ve already taken the first step by deciding you need help or advice with your personal or corporate debt. That’s often the most difficult step. We understand and we’re here to help.

The sooner we meet, the greater the likelihood of a positive outcome. Call our toll free number, call the number of the office closest to you, or send us an email by filling in the form below.

We’re looking forward to taking the stress off your shoulders and helping you live life again.

Toll free Alberta wide

1.877.944.1177

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Our Process

You’ve made the difficult decision to explore personal or corporate debt restructuring and now you’re wondering, “What happens next?”

First, let us say congratulations. It isn’t always easy deciding that you need assistance, but it’s more common than you know and the earlier you start, the better the chance for a positive outcome.

Next, understand that we want to make the entire process as easy and positive as possible. We will never judge or pressure you; we are only here to help.

Our process begins with information gathering. We have a responsibility to collect as many details about your financial situation as possible so we know exactly what we’re dealing with.

After we have collected the information, our team, including a Licensed Insolvency Trustee, will determine the most advantageous option and present it to you, carefully explaining all of the pros and cons.

After that, you are certainly welcome to take the information home and think about it to see if you have any further questions.

When you make the decision to proceed, our experts do the heavy lifting and work with you, side by side, until the project is completed.

Our process ends when your brighter days begin.

Payment Calculator

Easily Compare Payment Plans

The payment calculator is a tool to provide you with a preliminary overview and comparison of the 5 different restructuring plans available for your consideration in determining the restructuring plan that is best for you. The 5 restructuring plans include maintaining regular monthly payments to creditors, consolidation loans, orderly payment of debts, consumer proposals and bankruptcy. The calculator is not comprehensive or exhaustive and is intended for demonstration and discussion purposes only. There are many additional factors and variables that require consideration that are beyond the scope and capabilities of the calculator.

We invite you to contact our office to schedule your free, confidential, no obligation consultation to review your unique financial situation and to further evaluate the restructuring plan best suited to your unique financial situation to eliminate your debt and provide you with the fresh financial start you deserve.

Enter values to review different payment plans.

Mandatory fields outlined in red.

Mouseover the “?” icon for descriptions.

Repayment term:

Enter your total unsecured debt:
?

Unsecured debt represents a debt where no form of collateral such as a house, motorized vehicle, furniture, or investment is provided by you, the borrower, as security to the lender, bank or finance company, for repayment of the loan. Accordingly, the lender holds no form of lien or charge against any of your assets as security for repayment of the loan. Common examples of unsecured debts are bank overdrafts, lines of credit, credit cards, student loans, income taxes, or utilities such as power, gas, water, and telephone services.

Monthly Net Income After Tax:
?

Net monthly income is the actual dollar amount of your pay cheque or the actual dollar amount that is direct deposited to your bank account. Monthly net income is the amount that you receive after paying all deductions such as income tax, EI, CPP, union dues, etc. If you are paid twice a month, enter your total monthly net income by adding the actual dollar amount of both pay cheques or by adding the actual dollar amount of both direct deposits.

If you are self employed your monthly net income is the amount remaining after you have paid all of your monthly business expenses, income taxes, CPP and WCB, if applicable.

Spousal Monthly Net Income After Tax:
?

Spousal monthly net income is the actual dollar amount of your spouse's pay cheque or the actual dollar amount that is direct deposited to your spouse's bank account. Spousal monthly net income is the amount that your spouse receives after paying all deductions such as income tax, EI, CPP, union dues, etc. If your spouse is paid twice a month, enter the total monthly net income by adding the actual dollar amount of both pay cheques or by adding the actual dollar amount of both direct deposits.

If your spouse is self employed the monthly net income is the amount remaining after they have paid all business expenses, income taxes, CPP and WCB, if applicable.

Monthly Non-Discretionary Expenses:
?

Monthly non-discretionary expenses are defined by regulation and include expenses for child support, alimony, child care expenses, medical condition expenses (such as prescriptions, dental or medical aids), fines or penalties imposed by the Court prior to the date of bankruptcy, interest on student loans that survive bankruptcy and employment related expenses that are deductible for tax purposes, such as vehicle expenses, where you are required to supply a vehicle as a condition of employment.

Number of People in Household:
?

In calculating the number of people in your household the number is to include anyone who relies on your income for all or part of their living expenses and also includes anyone whose income you rely upon for all or part of your living expenses. Generally, the people in your household will include your spouse or partner and your children. Roommates or adult children who share common household expenses are not considered members of your household.

Previously Bankrupt

Not Previously Bankrupt

This calculator uses the following interest rates:

Regular repayment: 17%

Consolidation Loan: 12%

Orderly payments: 5%

Consumer proposal: 0%

Bankruptcy: 0%

Total Regular Payments:

Fill in form fields to see repayment options.

Consolidation Loan:

Fill in form fields to see repayment options.

Orderly Payment of Debt:

Fill in form fields to see repayment options.

Consumer Proposal:

Fill in form fields to see repayment options.

Bankruptcy:

Fill in form fields to see repayment options.

Ask an Expert

When Faber invites you to ask an expert, we’re talking about our Licensed Insolvency Trustees (LITs). LITs are qualified, federally regulated experts who are held to a high standard of professional conduct and code of ethics when providing services and performing their duties.

LITs are the only professionals authorized to administer government-regulated insolvency proceedings that allow you to be discharged from your debt, such as consumer proposals and bankruptcies.

When you seek advice from an LIT, whether in our offices or online, you can be confident that you are dealing with someone who has the knowledge, experience and skills to be granted a license from the Office of the Superintendent of Bankruptcy.

Any questions?

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Debt Overview

When you’re burdened with extreme debt, it’s tempting to ignore the problem and hope it goes away. However, at Faber, we believe in equipping you with the information you need to face and solve your financial troubles. Our team will help you understand the warning signs of extreme debt, the different types of debt, the various types of legal actions used to collect debt, how debt collection agencies work and more.

The bottom line is this: you don’t have to face your debt problems alone. Get a trusted advisor on your side today by calling Faber.

Thank you so very much for your help with my bankruptcy. It was and will always be well appreciated from the bottom of my heart.

Our Process

You’ve made the difficult decision to explore personal or corporate debt restructuring and now you’re wondering, “What happens next?”

First, let us say congratulations. It isn’t always easy deciding that you need assistance, but it’s more common than you know and the earlier you start, the better the chance for a positive outcome.

Next, understand that we want to make the entire process as easy and positive as possible. We will never judge or pressure you; we are only here to help.

Our process begins with information gathering. We have a responsibility to collect as many details about your financial situation as possible so we know exactly what we’re dealing with.

After we have collected the information, our team, including a Licensed Insolvency Trustee, will determine the most advantageous option and present it to you, carefully explaining all of the pros and cons.

After that, you are certainly welcome to take the information home and think about it to see if you have any further questions.

When you make the decision to proceed, our experts do the heavy lifting and work with you, side by side, until the project is completed.

Our process ends when your brighter days begin.

Payment calculator

Easily Compare Payment Plans

The payment calculator is a tool to provide you with a preliminary overview and comparison of the 5 different restructuring plans available for your consideration in determining the restructuring plan that is best for you. The 5 restructuring plans include maintaining regular monthly payments to creditors, consolidation loans, orderly payment of debts, consumer proposals and bankruptcy. The calculator is not comprehensive or exhaustive and is intended for demonstration and discussion purposes only. There are many additional factors and variables that require consideration that are beyond the scope and capabilities of the calculator.

We invite you to contact our office to schedule your free, confidential, no obligation consultation to review your unique financial situation and to further evaluate the restructuring plan best suited to your unique financial situation to eliminate your debt and provide you with the fresh financial start you deserve.

Enter values to review different payment plans.

Mandatory fields outlined in red.

Mouseover the “?” icon for descriptions.

Repayment term:

Enter your total unsecured debt:
?

Unsecured debt represents a debt where no form of collateral such as a house, motorized vehicle, furniture, or investment is provided by you, the borrower, as security to the lender, bank or finance company, for repayment of the loan. Accordingly, the lender holds no form of lien or charge against any of your assets as security for repayment of the loan. Common examples of unsecured debts are bank overdrafts, lines of credit, credit cards, student loans, income taxes, or utilities such as power, gas, water, and telephone services.

Monthly Net Income After Tax:
?

Net monthly income is the actual dollar amount of your pay cheque or the actual dollar amount that is direct deposited to your bank account. Monthly net income is the amount that you receive after paying all deductions such as income tax, EI, CPP, union dues, etc. If you are paid twice a month, enter your total monthly net income by adding the actual dollar amount of both pay cheques or by adding the actual dollar amount of both direct deposits.

If you are self employed your monthly net income is the amount remaining after you have paid all of your monthly business expenses, income taxes, CPP and WCB, if applicable.

Spousal Monthly Net Income After Tax:
?

Spousal monthly net income is the actual dollar amount of your spouse's pay cheque or the actual dollar amount that is direct deposited to your spouse's bank account. Spousal monthly net income is the amount that your spouse receives after paying all deductions such as income tax, EI, CPP, union dues, etc. If your spouse is paid twice a month, enter the total monthly net income by adding the actual dollar amount of both pay cheques or by adding the actual dollar amount of both direct deposits.

If your spouse is self employed the monthly net income is the amount remaining after they have paid all business expenses, income taxes, CPP and WCB, if applicable.

Monthly Non-Discretionary Expenses:
?

Monthly non-discretionary expenses are defined by regulation and include expenses for child support, alimony, child care expenses, medical condition expenses (such as prescriptions, dental or medical aids), fines or penalties imposed by the Court prior to the date of bankruptcy, interest on student loans that survive bankruptcy and employment related expenses that are deductible for tax purposes, such as vehicle expenses, where you are required to supply a vehicle as a condition of employment.

Number of People in Household:
?

In calculating the number of people in your household the number is to include anyone who relies on your income for all or part of their living expenses and also includes anyone whose income you rely upon for all or part of your living expenses. Generally, the people in your household will include your spouse or partner and your children. Roommates or adult children who share common household expenses are not considered members of your household.

Previously Bankrupt

Not Previously Bankrupt

This calculator uses the following interest rates:

Regular repayment: 17%

Consolidation Loan: 12%

Orderly payments: 5%

Consumer proposal: 0%

Bankruptcy: 0%

Total Regular Payments:

To see your debt repayment options please enter values in the form above.

Consolidation Loan:

To see your debt repayment options please enter values in the form above.

Orderly Payment of Debt:

To see your debt repayment options please enter values in the form above.

Consumer Proposal:

To see your debt repayment options please enter values in the form above.

Bankruptcy:

To see your debt repayment options please enter values in the form above.

Ask an Expert

Book an Appointment

Is it time for us to meet?

If you’re thinking about booking an appointment, then you’ve already taken the first step by deciding you need help or advice with your personal or corporate debt. That’s often the most difficult step. We understand and we’re here to help.

The sooner we meet, the greater the likelihood of a positive outcome. Call our toll free number, call the number of the office closest to you, or send us an email by filling in the form below.

We’re looking forward to taking the stress off your shoulders and helping you live life again.